Post Utme Bsu 2021 Economics Question 22

Practice objective / multiple choice question 22 from the 2021 Post Utme Bsu Economics examination.

Post Utme Bsu 2021 Economics Objective / Multiple Choice
Question 22 POST_UTME_BSU • 2021 • ECONOMICS • objective

A firm's marginal revenue (MR) is given by the equation MR = 10 - 2Q, where Q is the quantity sold. If the firm's marginal \cost (MC) is 5, what is the profit-maximizing quantity?

Answer Options

A. 5
Correct Answer B. 10
C. 15
D. 20
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Bsu 2021 Economics Question 22. It is one of the objective questions from the 2021 Post Utme Bsu Economics examination.

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